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Vanguard Morgan Growth Investor (VMRGX) a Zacks Rank #1 (Strong Buy) was in December 1968 and is managed by Vanguard Group, Wellington Management Company and Franklin Portfolio Associates. The objective of VMRGX is to seek long-term growth of capital. VMRGX invests mainly in the stocks of large and medium-size U.S. companies whose revenues or earnings are expected to grow faster than those of the average company in the market. VMRGX also invests, to a lesser extent, in stocks of smaller companies with similar characteristics. VMRGX distributes dividends and capital gains in December.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Growth, Small Growth and Large Value. Further, as of the last filing, Apple Inc, Alphabet Inc and Facebook Inc were the top holdings for VMRGX.
Vanguard Morgan Growth Investor, managed by Vanguard Group, carries an expense ratio of 0.39%. Moreover, VMRGX requires a minimal initial investment of $3,000.
VMRGX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.55% and 5 year 10.52%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
VMRGX’s performance, as of the last filing, when compared to funds in its category was in the top 29% in 1 year, top 12% over the past 3 years, and in the 24% over the past 5 years.
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